For "Reading", McDormand will likely become the female lead opposite George Clooney who recently was picked up to topline the project. A dark comedy about the CIA, the flick has already had Coen brothers to pen the script as well as to produce.

Meanwhile in "Day", which is scheduled to enter production this April in London, the "North Country" star will portray the title character with TV director Bharat Nalluri to helm from script by Simon Beaufoy and David Magee. Based on the Winifred Watson period comic novel, the flick finds her as a governess in the 1800s who gets a taste of glamour when she goes to work in the home of a nightclub songstress.